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Hexcel Corp. (Stamford, CT) will acquire certain assets and operating liabilities of Clark-Schwebel Inc. (Anderson, SC) for $453 million in cash. The assets to be acquired include Clark-Schwebel's joint venture interests in CS-Interglas AG, Asahi-Schwebel Co. Ltd. and ClarkSchwebel Tech-Fab. The seller, Stamford CS Acquisition Corp., will retain $60 million of property, plant and equipment that will be leased to Hexcel under a long-term capital lease.